SpringsComm Partnerships and 5% Interest Entitlement
Limited Partnership
Being a limited partner with SpringsComm, you must know that you can be a general partner with unlimited liabilities and/or limited partner whose liability is limited to the amount invested
Features of Limited Partnership at SpringsComm
° A limited partner cannot participate in the management of the business
° Liability is limited but there must be a partner with unlimited liability
° It must be registered
° Must act as agent of the business
Active Partner
An active Partner takes active part in the management and administration of a partnership business. He contributes to the financing and formation of the business, takes active role in the day-to-day running of the enterprise and is being paid certain sum as salary.
Nominal or Quasi-Partner
A nominal partner contributes only only his name to the formation of the business. He neither contributes capital nor takes part in the management of the firm. A nominal partner must be a distinguished personality within the society as his name must surely increase the reputation and possibly the goodwill of the partnership business. This partner will share in the profit or debts of the firm as specified in the Partnership Act of 1890.
Sleeping or Dormant Partner
A sleeping or Dormant Partner does not take part in the management of the business. He invest his money in the business.
*Should you be interested in a partnership with Springs Communications, you are to contact with any of the chosen partnership options that is entitled to a 5% interest.*
For more details call +(234)-7030638684 or send an email to mbservices2k16@gmail.com
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